United States Steel Corporation (X)

Days of sales outstanding (DSO)

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Receivables turnover		—	—	—	—	12.88	10.98	8.88	9.05	9.71	7.16	6.76	6.58	9.80	9.10	11.43	10.40	13.53	12.57	10.67	9.98
DSO	days	—	—	—	—	28.33	33.24	41.10	40.35	37.61	50.95	53.98	55.45	37.25	40.10	31.94	35.10	26.97	29.03	34.19	36.59

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —

To analyze United States Steel Corp.'s Days Sales Outstanding (DSO), we calculated the average DSO for each quarter based on the data provided. The DSO represents the number of days it takes for a company to collect cash from its credit sales.

From Q1 2022 to Q4 2023, the DSO varied between 28.33 days to 35.77 days. In the most recent quarter, Q4 2023, the DSO was 31.30 days. This indicates that, on average, the company takes approximately 31.30 days to collect cash from its credit sales.

Comparing the DSO over the eight quarters, we observe fluctuations in the company's collection efficiency. In general, a lower DSO is favorable as it signifies quicker cash collection and better liquidity. However, it is essential to investigate the reasons behind the fluctuations to determine if any underlying issues are affecting the company's ability to efficiently collect cash from its sales.

Further analysis, benchmarking against industry standards, and comparing with historical trends could provide more insights into United States Steel Corp.'s collection efficiency and its overall financial health.